Marathon Asset Management Ltd Invests $32.05 Million in Fiserv, Inc. $FISV

Marathon Asset Management Ltd bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 477,139 shares of the business services provider’s stock, valued at approximately $32,049,000. Marathon Asset Management Ltd owned 0.09% of Fiserv as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in the business. Stonebridge Capital Advisors LLC boosted its stake in shares of Fiserv by 2.3% during the second quarter. Stonebridge Capital Advisors LLC now owns 4,318 shares of the business services provider’s stock worth $744,000 after buying an additional 98 shares during the period. Bison Wealth LLC boosted its stake in shares of Fiserv by 5.3% during the fourth quarter. Bison Wealth LLC now owns 2,299 shares of the business services provider’s stock worth $472,000 after buying an additional 116 shares during the period. Cornerstone Planning Group LLC boosted its stake in shares of Fiserv by 50.3% during the third quarter. Cornerstone Planning Group LLC now owns 472 shares of the business services provider’s stock worth $61,000 after buying an additional 158 shares during the period. Twin City Private Wealth LLC boosted its stake in shares of Fiserv by 5.0% during the third quarter. Twin City Private Wealth LLC now owns 3,562 shares of the business services provider’s stock worth $459,000 after buying an additional 170 shares during the period. Finally, ROI Financial Advisors LLC boosted its stake in shares of Fiserv by 10.3% during the third quarter. ROI Financial Advisors LLC now owns 1,871 shares of the business services provider’s stock worth $241,000 after buying an additional 175 shares during the period. Institutional investors and hedge funds own 90.98% of the company’s stock.

Fiserv Trading Down 1.1%

Shares of FISV opened at $56.03 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.06 and a quick ratio of 1.06. The firm has a 50 day simple moving average of $57.86 and a 200-day simple moving average of $62.07. Fiserv, Inc. has a 1-year low of $52.17 and a 1-year high of $177.36. The stock has a market cap of $29.88 billion, a price-to-earnings ratio of 9.50, a price-to-earnings-growth ratio of 1.80 and a beta of 0.84.

Fiserv (NASDAQ:FISV) last issued its quarterly earnings data on Tuesday, May 5th. The business services provider reported $1.79 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.22. Fiserv had a net margin of 15.17% and a return on equity of 17.46%. The business had revenue of $4.68 billion during the quarter, compared to analysts’ expectations of $4.73 billion. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. Fiserv has set its FY 2026 guidance at 8.000-8.300 EPS. Equities analysts forecast that Fiserv, Inc. will post 8.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

FISV has been the subject of a number of recent analyst reports. BNP Paribas Exane reduced their price objective on shares of Fiserv from $64.00 to $63.00 and set a “neutral” rating for the company in a research report on Friday, April 10th. Robert W. Baird set a $78.00 target price on Fiserv in a research note on Wednesday, May 6th. Northcoast Research downgraded Fiserv from a “buy” rating to a “neutral” rating in a research note on Monday, February 2nd. Tigress Financial reissued a “buy” rating and set a $95.00 target price on shares of Fiserv in a research note on Wednesday, March 11th. Finally, Jefferies Financial Group increased their target price on Fiserv from $60.00 to $65.00 and gave the stock a “hold” rating in a research note on Wednesday, January 21st. Nine equities research analysts have rated the stock with a Buy rating, twenty-six have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $82.97.

Fiserv Company Profile

Fiserv, Inc, founded in 1984 and headquartered in Brookfield, Wisconsin, is a global provider of financial services technology. The company develops and delivers integrated solutions for payments, processing, risk and compliance, customer and channel management, and business insights and optimization. Serving thousands of clients, Fiserv supports banks, credit unions, securities broker-dealers, leasing and finance companies, and retailers.

Fiserv’s core offerings include account processing systems that automate deposit, lending and transaction processing for financial institutions, as well as digital banking platforms that enable mobile and online banking services.